short sale Archives

October 13, 2010

Should I Short Sale My Parker, CO Home Before Foreclosure?

“Will a short sale help me sell my Parker Colorado home?” In today’s changing and declining real estate market it is becoming increasingly more difficult for many homeowners to sell their homes and fully satisfy the mortgages on the property as well as pay all the closing cost related to the sale. Email Lou for quick […]

October 6, 2010

Tax consequences of a short sale

Tax consequences of a short sale As strange as it may seem the IRS code requires that a borrower defaulting on a loan and having all or part of their debt relieved is subject to a capital gains tax liability on the amount forgiven by their lender. Taxpayers who are defaulting or negotiating reduced settlements on […]

October 5, 2010

How do I price my short sale home in Colorado?

Price it right with a short sale There are many challenges facing the Colorado homeowner or investor who needs to sell their personal residence or income property in today’s market. We are presently experiencing one of the greatest reductions in market value in recent history. It no longer matters what you paid or what you currently […]